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Home › Chip Maker's Warning Rattles Entire Sector

 

Chip Maker's Warning Rattles Entire Sector

2014-10-11 04:12:46| Semiconductors - Topix.net

An earnings warning by an Arizona maker of computer chips set off shock waves in the stock market Friday, fueling fears that the semiconductor sector is headed for a sharp downturn. Microchip Technology Inc. on Thursday lowered its forecast for fiscal second-quarter revenue, stating that chip sales it expected in September failed to materialize.

Tags: entire sector warning chip

Category:Electronics and Electrical

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